The use of corporate social responsibility in the recovery phase of crisis management: A case study in the Brazilian company Petrobras

Pündrich, Aline Pereira; Delgado, Natalia Aguilar; Barin‐Cruz, Luciano

doi:10.1016/j.jclepro.2021.129741

Cited by 8 publications

(4 citation statements)

References 38 publications

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“…Among them, some scholars suggest that social and environmental practice may benefit the acquirement of organizational resilience in line with stakeholder theory (Ahn & Park, 2018;Markman & Venzin, 2014). Pündrich, Aguilar Delgado, and Barin-Cruz (2021) also pointed that CSR implementation was important for firms to respond to crisis, particularly in post-crisis period. The paper follows this streamline of research and explores the impact of CSR practice on organizational resilience.…”

Section: Introductionmentioning

confidence: 93%

Impact of CSR on Organizational Resilience across Chinese Listed Firms: Combination of Process-oriented and Outcome-oriented Perspectives

Duan,

Ramakrishnan,

Hishan

2023

Migrat. Lett.

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The firms are confronted with increasingly uncertain environment. Their ability to endure, recover and bounce back from a major disturbance is essential for firms’ survival and development. Therefore, how to cultivate organizational resilience has become an important issue. The paper operationalizes organizational resilience into two parts. One is the process of forming organizational resilience in pre-adversity period, another is the manifestation of organizational resilience in post-adversity period. Using the panel data from 2010 to 2019 and cross-sectional data in 2020 of listed firms in Chinese stock market, the paper employs fixed effect and OLS estimations to study the influence of corporate social responsibility (CSR) on organizational resilience by combining process-oriented and outcome-oriented perspectives. The results show that in context of China, CSR performance has mixed effects on organizational resilience. Specifically, CSR practice impacts organizational resilience through reducing financial volatility, instead of through improving economic strength in the process of formation. Furthermore, CSR practice shows no significant impact on the manifestation of organizational resilience when an adversity happens. The findings support the insurance-like effect of CSR practice. The study is the first attempt to interpret organizational resilience as a compound capability which is developed at tranquil period and manifested at adversity period. It is also one of the few empirical studies concerning the influence of CSR on organizational resilience with the background of a recently happened crisis. It contributes to the body of literatures on determinants of organizational resilience and suggests that CSR practice is a practical way to build up organizational resilience and maintain business sustainability.

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Section: Introductionmentioning

confidence: 93%

Impact of CSR on Organizational Resilience across Chinese Listed Firms: Combination of Process-oriented and Outcome-oriented Perspectives

Duan,

Ramakrishnan,

Hishan

2023

Migrat. Lett.

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“…For firms operating in emerging markets, the presence of pervasive corruption, social inequities, power struggles, deforestation, among other difficulties, provides the opportunity for corporate malfeasance. Often, instead of exploiting the aforementioned institutional voids (or market failures) (Khanna and Palepu, 2010), firms have found opportunities to address and overcome such challenges through CSR (Carroll and Shabana, 2010;Pündrich et al, 2021). However, when it comes to firms' design of CSR programs targeting relevant social, economic, and environmental issues in their surrounding communities, context matters (Barkemeyer and Miklian, 2019).…”

Section: Introductionmentioning

confidence: 99%

Corporate social responsibility in emerging markets: Opportunities and challenges for sustainability integration

Cezarino

Liboni

Hunter

et al. 2022

Journal of Cleaner Production

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“…Del análisis de la figura 1 se establecen dos observaciones: según las palabras clave, las principales investigaciones se orientan hacia la manifestación o resultado de la responsabilidad social en el entorno de la organización, profundizando en aspectos como los efectos económicos y sociales (Sharma y Sathish, 2022), la sostenibilidad (Batat, 2021), el impacto ambiental (Huang, 2022), entre otros aspectos del exterior de las organizaciones. De igual modo, se observa que la temática es de interés en los diferentes continentes y que los se establecen relaciones de colaboración entre ellos (Perera y Hewege, 2022;Pündrich et al, 2021;Rao y Tilt, 2021).…”

Section: Introducción Y Estado De La Cuestiónunclassified

Variables de la responsabilidad social corporativa. Un modelo de ecuaciones estructurales

Ramírez

Toro²,

Pérez-Campdesuñer³

et al. 2022

retos

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El valor futuro de las organizaciones viene determinado por sus resultados económicos junto con su nivel de respuesta a las necesidadesde la sociedad y los grupos de interés, así como por el tipo de relación que establezcan con el ambiente en el que se desenvuelve e influye. Así, alcanzar altos niveles de responsabilidad social corporativa (RSC) se convierte en una necesidad para el éxito empresarial. Este tipo de investigación tiene un enfoque empírico. La investigación se orientó a identificar y validar las variables que condicionan y se relacionan con la RSC. El estudio consideró en su metodología el diseño de un instrumento a partir de investigaciones referenciales, el cual fue aplicado a 778 trabajadores. En el análisis se propuso un modelo de ecuaciones estructurales para identificar las asociaciones y relaciones para la RSC. La evaluación de este modelo de ecuaciones estructurales y su validación a través del análisis factorial confirmatorio permitió constatar, como principales conclusiones, que la responsabilidad social corporativa presenta un desarrollo condicionado por un enfoque multidimensional,donde las variables internas de la organización muestran un nivel significativo de correlación con la RSC reconocida por los clientes de laorganización, como son el liderazgo, la orientación estratégica, el diseño organizacional, la comunicación, el desarrollo de competencias profesionales, los valores organizacionales y la satisfacción laboral, y guardan una estrecha relación con las investigaciones precedentes.

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The use of corporate social responsibility in the recovery phase of crisis management: A case study in the Brazilian company Petrobras

Cited by 8 publications

References 38 publications

Impact of CSR on Organizational Resilience across Chinese Listed Firms: Combination of Process-oriented and Outcome-oriented Perspectives

Impact of CSR on Organizational Resilience across Chinese Listed Firms: Combination of Process-oriented and Outcome-oriented Perspectives

Corporate social responsibility in emerging markets: Opportunities and challenges for sustainability integration

Variables de la responsabilidad social corporativa. Un modelo de ecuaciones estructurales

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